's a little schizophrenia going on. a lot of folks think we need to cut and solve the deficit and now when we face cuts and face austerity, it's very difficult. the bottom line is that because of the divided government, it's very difficult for there to be a global solution that would, you know, make a lot of rationale sense. and, instead, we're facing a series of cuts like the sequester that although they look disorganized are slowly getting us towards a more balanced budget. i think the markets have pretty much digested the fact that the sequester is likely. i doubt that it will have a significant impact on the markets because i think everybody already knows it's likely to happen. >> this goes back, again, to one of your concerns. certainly a concern for a lot of people in the u.s., which is where is the middle any more inspect and it's interesting because in your career you've switched parties. explain that move. are there going to be any more like you? >> well, you know, i used to be a moderate republican and now it's a moderate democrat. but the truth is, there aren't very many moderates
